Board of Directors

The Board of Directors makes policy decisions in matters that involve lending, borrowing, and administrative questions. The Board of Directors approves the financial transactions proposed by NIB's President. The Board of Directors is responsible for the financial statements. The Board of Directors may delegate its powers to the President to the extent considered appropriate. The Board of Directors consists of eight Directors, each of whom has one Alternate. The Directors and their Alternates are appointed by the respective member country. The Board of Directors appoints a Chairman and a Deputy Chairman from among the Directors. The chairmanship and the deputy chairmanship rotate among the member countries. The Board of Directors usually meets eight times a year (please see Upcoming events).

 

Members

Denmark

Director:
Mr Jesper Olesen
Deputy Permanent Secretary, Ministry of Business and Growth
Curriculum vitae

Alternate:
Ms Julie Sonne
Head of Division, Ministry of Business and Growth
Curriculum vitae

Estonia

Director:
Mr Madis Üürike
Advisor, Ministry of Finance
Curriculum vitae

Alternate:
Ms Merle Wilkinson
Head of State Treasury Department, Ministry of Finance
Curriculum vitae

Finland

Director:
Mr Pentti Pikkarainen
Director General, Financial Markets Department, Ministry of Finance
Curriculum vitae

Alternate:
Mr Janne Känkänen
Head of division, Department of Enterprise and Innovation
Enterprise Policy and financing, Ministry of Employment and Economy 
Curriculum vitae

Iceland

Director:
Mr Þorsteinn Þorsteinsson
Senior Advisor, Ministry of Finance
Curriculum vitae

Alternate:
Mr Sigurður Þórðarson
CPA, Former State Auditor
Curriculum vitae

Latvia

Director:
Mr Kaspars Āboliņš
Treasurer, Treasury of the Republic of Latvia
Curriculum vitae

Alternate:
Ms Līga Kļaviņa
Deputy State Secretary on Financial Policy Issues, Ministry of Finance
Curriculum vitae

Lithuania

Director:
Mr Rolandas Kriščiūnas (Chairman of the Board)
Vice-Minister of Foreign Affairs, Ministry of Foreign Affairs
Curriculum vitae

Alternate:
Ms Dovilė Jasaitienė
Deputy Director, EU and International Affairs Department, Ministry of Finance
Curriculum vitae

Norway

Director:
Ms Silje Gamstøbakk
Deputy Director General, Ministry of Finance
Curriculum vitae

Alternate:
Mr Trond Eklund
Director, Norges Bank
Curriculum vitae

Sweden

Director:
Mr Sven Hegelund
Curriculum vitae

Alternate:
Ms Anna Björnermark
Deputy Director, Ministry of Finance  
Curriculum vitae

 

Links
Rules of procedure for the Board of Directors (41 KB)
Code of conduct for the Board of Directors and the President (377 KB)
Legal framework & policy documents
Financial reports
Annual Report, Corporate governance